2017/08/20 15:12"The former Central Bank of Iraq is in the process of opening the branches of the bank in the Kurdistan region. He added," There are funds previously to the bank (tbi) was In addition to funds in the rest of the branches, amounting to approximately 42 branches in the Kurdistan region of banks, which the provincial government used the money in cash or through clearing to disburse the instruments of contractors that are without balance.

"Because of the referendum." The Central Bank of Iraq suspends the opening of the branches of Arbil and Sulaymaniyah

شفق نيوز Twilight News The decision of the Finance Committee in the Iraqi Council of Representatives, the suspension of the Central Bank of Iraq for the opening of its branches in Erbil and Sulaymaniyah because of the referendum on independence.

MP Ahmad Haji Rashid said the central bank fears the deepening of the problems of Arbil and Baghdad because of the announcement of the date of the referendum because it would cause the great damage to the central bank.

The Central Bank of Iraq has announced in mid-year this year to open two branches in the provinces of Erbil and Sulaymaniyah in the Kurdistan region and the appointment of a number of experts to them.

The Kurdish parties, except the Movement for Change and the Islamic Group decided on the seventh of June last in a meeting under the supervision of the President of the Kurdistan Region Massoud Barzani, a referendum for the independence of the province on September 25 next.